Tags » Banking Reform

How to start a bank and let each of the BRICS be in charge

By Devjyot Ghoshal – It’s not easy to bring five world leaders together, get them to negotiate a landmark deal and have them all leave happily. 78 more words

Government

The central fraud in banking

Today’s announcement by the Competition and Markets Authority might give you the impression that the authorities will do something about the deep-seated problems underlying the banking industry. 328 more words

Fairness

SEC Wants to Look at Bigger Ticks

By Matt Levine – There’s a social benefit in having liquidity providers who are willing to take risks. The idea is that, in the olden days, NYSE specialists were supposed to step in to keep markets orderly, buying for their own account — at their own risk — when everyone else was selling. 126 more words

United States

The outrage is not so much over inequality but all the dubious ways the rich got richer

Concern about income inequality, and the even more striking inequality in wealth in the United States, is a key theme for the 2014 US congressional elections and has made Thomas Piketty’s book… 1,638 more words

I was wrong, but Ralph Musgrave is a bit of a sexist.

So I’m thinking of withdrawing my Positive Money membership, because I now think their proposal doesn’t really make sense. Most of what I’ve said about it on this blog is probably, if not completely wrong, then at least poorly judged. 579 more words

SANUSI LAMIDO SANUSI: A MISTAKE?

SANUSI LAMIDO SANUSI – A MISTAKE?
When the Guardian sought Professor Pat Utomi’s opinion about the suspension of Sanusi from the office of Governor of the Central Bank of Nigeria (CBN), he replied that Sanusi’s appointment as Governor of the CBN was a mistake.’ 4,186 more words

Nigerian Economy

BANKING REFORMS, ECONOMIC EMPOWERMENT AND THE REAL ESTATE -THE HOUSING AND PROPERTY DEVELOPMENT SECTOR PREAMBLE

Over a period of thirty years or so, Nigeria has witnessed very enormous economic growth but with unbelievably very poor rate of economic development. The recent banking reforms have served to accentuate the near hopelessness of our collective lack of direction in promoting economic development. 7,419 more words

Nigerian Economy